Centerspace (CSR) Stock Price, News & Analysis

Company Overview

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.

Key Stats

• Today's Range: $52.43 to $53.08
• 50-Day Range: $52.48 to $57.01
• 52-Week Range: $52.43 to $69.61
• Volume: 80,946 shs
• Average Volume: 134,321 shs
• Market Capitalization: $881.35 million
• P/E Ratio: 41.65
• Dividend Yield: 5.87%
• Price Target: $63.40
• Consensus Rating: Hold

Centerspace Stock Analysis - MarketRank™

Centerspace scored higher than 85% of companies evaluated by MarketBeat, and ranked 33rd out of 188 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Hold

Consensus Rating

Centerspace has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 7 hold ratings, and 1 sell rating.

Upside Potential

Centerspace has a consensus price target of $63.40, representing about 20.8% upside from its current price of $52.48.

Amount of Analyst Coverage

Centerspace has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -3.64%

Earnings Growth

Earnings for Centerspace are expected to decrease by -3.64% in the coming year, from $4.67 to $4.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Centerspace is 41.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of Centerspace is 41.65, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 28.77.

Price to Book Value per Share Ratio

Centerspace has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.43% of the float of Centerspace has been sold short.

Short Interest Ratio / Days to Cover

Centerspace has a short interest ratio ("days to cover") of 3.66, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Centerspace has recently increased by 6.09%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Centerspace is a leading dividend payer. It pays a dividend yield of 5.86%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Centerspace has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Centerspace is 244.44%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Centerspace will have a dividend payout ratio of 68.44% next year. This indicates that Centerspace will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.03

News Sentiment

Centerspace has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Centerspace this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for CSR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 4.3 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

2 insiders have purchased shares of Centerspace in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $121,392.00 in company stock, which represents 0.0138% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Centerspace insiders have bought more of their company's stock than they have sold. Specifically, they have bought $121,392.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

0.49% of the stock of Centerspace is held by insiders.

Percentage Held by Institutions

79.00% of the stock of Centerspace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/14 Dividend: 6/29/2026
• Ex-Dividend for 7/14 Dividend: 6/29/2026
• Dividend Payable: 7/14/2026
• Last Earnings: 8/03/2026
• Today: 8/30/2026
• Next Earnings (Estimated): 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Residential REITs
• Sub-Industry: Multi-Family Residential REITs
• Current Symbol: NYSE:CSR
• CIK: 798359
• Web: www.iretapartments.com
• Phone: (701) 837-4738
• Fax: 701-838-7785
• Employees: 470
• Year Founded: 1970

Price Target and Rating

• Average Price Target for Centerspace: $63.40
• High Price Target: $70.00
• Low Price Target: $58.00
• Potential Upside/Downside: +20.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.26
• Trailing P/E Ratio: 41.65
• Forward P/E Ratio: 11.24
• P/E Growth: N/A
• Net Income: $17.59 million
• Net Margins: 7.97%
• Pretax Margin: 10.35%
• Return on Equity: 2.58%
• Return on Assets: 1.11%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 0.03
• Quick Ratio: 0.03

Sales & Book Value

• Annual Sales: $268.87 million
• Price / Sales: 3.28
• Cash Flow: $8.00 per share
• Price / Cash Flow: 6.56
• Book Value: $47.16 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 16,794,000
• Free Float: 16,712,000
• Market Cap: $881.35 million
• Optionable: Optionable
• Beta: 0.88